Even though they are worlds apart, WBT is actring very much like a mining firm on the ASX.
Starts as Junior explorer, lots of interest, lots of hype, SP up & down all the time, Co then announces that they move into construction phase & the SP goes on a short run, it then fades & is pretty boring all through construction phase as, well nothing really happens, at the tail end of construction when it's near operational & then goes into operational mode, does the SP then see a further dramatic rise.
We are currently well in the "construction" phase in my opinion, we have pretty much bottomed & it may well drag around here for some more time, before we know we are very near to being operational & cash is rolling in...when $3, $5, even $10 become a distant memory
Ann: Weebit Nano Q4 FY24 Activities Report and Appendix 4C, page-54
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$2.23 |
Change
-0.070(3.04%) |
Mkt cap ! $421.2M | |||
| Open | High | Low | Value | Volume |
| $2.29 | $2.29 | $2.23 | $1.381M | 611.7K |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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| $2.28 | 1445 | 1 |
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